Starcore Reports on Its Silver Project
Original announcement by tmx on
- Company
- Starcore International Mines Ltd.
- Ticker
- SAM
- Exchange
- TSX
- Region
- Queretaro, Mexico
- Primary commodity
- Silver
- Secondary commodities
- Gold, Copper, Lead, Zinc, Selenium, Iron ore
- Document categories
- Metallurgy
- Extracted
- 2026-08-21 07:49:23 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Starcore reports metallurgical test results for its Tortilla Project in Mexico, demonstrating that CIL processing significantly enhances recoveries. After 72 hours, silver recovery reached 84.75% and gold recovery reached 79.85% using granular activated carbon.
Reasoning: Metallurgical testing demonstrates that adding granular activated carbon (CIL) significantly improves both gold and silver recoveries, validating a viable processing route for the high-grade silver project.
Positive factors
- Significant recovery improvement with CIL process
- High silver head grade
- Qualified Person sign-off
Negative factors
- Standard leaching recoveries are relatively low
Facts used in scoring: 4
Classification and evidence
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The company demonstrates that the mineral can be effectively processed using the CIL (carbon-in-leach) process.
Evidence · text
“demonstrates that the mineral can be effectively processed using the CIL (carbon-in-leach) process.”
QP/CP Signedpositive · Story-specific tag
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Salvador Garcia, B. Eng., is named as the qualified person on the project.
Evidence · text
“Salvador Garcia, B. Eng., a director of the Company and Chief Operating Officer, is the Company's qualified person”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Metallurgical Results (4)
Fact 1goldRecovery: 79.85 %Head Grade: 2.15Head Grade Unit: gr/tonView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- SAM
Test Work
- Processing Route
- cyanidation with granular activated carbon (CIL)
- Sample
- Metallurgical test head grade
- Leach Time
- 72 hours
Recovery
- Recovery
- 79.85 %
- Recovery Basis
- actual_test
- Head Grade
- 2.15
- Head Grade Unit
- gr/ton
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-14T00:00:00.000Z
Reasoning: 79.85% recovery at 72 hours using CIL is a strong result for gold.
Positive factors
- High recovery for CIL route
Evidence · text
“Leaching with granular activated carbon significantly enhanced gold recoveries, increasing to 79.85%”
Fact 2silverRecovery: 84.75 %Head Grade: 968.33Head Grade Unit: gr/tonView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- SAM
Test Work
- Processing Route
- cyanidation with granular activated carbon (CIL)
- Sample
- Metallurgical test head grade
- Leach Time
- 72 hours
Recovery
- Recovery
- 84.75 %
- Recovery Basis
- actual_test
- Head Grade
- 968.33
- Head Grade Unit
- gr/ton
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-14T00:00:00.000Z
Reasoning: 84.75% silver recovery at 72 hours using CIL is a strong result.
Positive factors
- High silver recovery
Evidence · text
“while silver recoveries rose to 84.75%”
Fact 3goldRecovery: 56.25 %Head Grade: 2.15Head Grade Unit: gr/tonView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- SAM
Test Work
- Processing Route
- Standard Leaching
- Sample
- Standard Leaching (no carbon) - 72 hours
- Leach Time
- 72 hours
Recovery
- Recovery
- 56.25 %
- Recovery Basis
- actual_test
- Head Grade
- 2.15
- Head Grade Unit
- gr/ton
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-14T00:00:00.000Z
Reasoning: 56.25% recovery is relatively low for gold, highlighting the necessity of the CIL process.
Negative factors
- Low recovery without carbon
Evidence · text
“indicated a recovery of 56.25% for gold”
Fact 4silverRecovery: 78.23 %Head Grade: 968.33Head Grade Unit: gr/tonView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- SAM
Test Work
- Processing Route
- Standard Leaching
- Sample
- Standard Leaching (no carbon) - 72 hours
- Leach Time
- 72 hours
Recovery
- Recovery
- 78.23 %
- Recovery Basis
- actual_test
- Head Grade
- 968.33
- Head Grade Unit
- gr/ton
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-14T00:00:00.000Z
Reasoning: 78.23% recovery is moderate for silver without carbon.
Evidence · text
“and 78.23% for silver.”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.